BI BI Rate Decrease

After two months, the interest rate of Bank Indonesia, Thursday (4 / 12), again lowered 25 basis points to be 9.25 percent. According to Deputy Gubenur BI, Hartadi Sarwono, in Jakarta, BI see no reason maintain the BI Rate 9.50 percent after inflation also declined. 

This decision was considered too late because the central bank in several countries have already cut away the day interest rates because the crisis. With 9.50 percent interest rate, the interest banks apply KPR 14 to 16 percent interest rate and consumption 18 to 24 percent. 

With the SBI 9.25 percent, the bank is now difficult to predict how much interest rates can fall. If they fall, according to Deputy Director of Home BTN, Firmansyar Evi, said, is not too large. Meanwhile, welcoming customers happy turunya interest rates. "If it came down to, we can enjoy," said a bank customer.